In the last few days tomco energy have updated their website. On it they state.
Valkor will bring expertise from its experience working with Petroteq Energy, an oil sands specialist also based in Utah, which uses its own proprietary separation process. Valkor holds a licence to use the Petroteq process within the USA.
Is it now done? Do they have the licence? If so why are we not being told?
It is such a shame that after all the years of waiting (not me, im new) for long term holders they finally have 2 projects ready to go and then covid19 hits !. What bad luck.
Petroteq are all but broke. They desperately need the greenfield deal to work and greenfield desperately need MSAR to make it work. QFI hold the key to the whole thing.
I hope Mike realises this and gets a cracking deal.
With Covid19 having another spike and travel more restricted surely QFI can look at remote training for some staff in Morrocco and Utah? Otherwise who knows when anything will actually get going? Installation cannot be that difficult?
Well no contract at present with Valkor/Greenfield and no workers or equipment from Qfi on site in Utah yet due to no contract and ongoing travel restrictions. Can’t see how tomco can say 2/3 months for upgrade work to be done in the circumstances.